Forza 5 is getting an update that includes the addition of two new game modes and a complete rebalancing of the in-game economy.

Drag Racing and Tag Virus are returning fan favorites from previous games, but a few modifications have been added to keep things fresh. You can race single-player or multiplayer over distances of a quarter, half, or one mile. Players also have the ability to race seven others in online multiplayer. It's a simple tweak, but it should be lots of fun.

Tag mode is an online-only affair with two variants on the classic Virus game: Keep the It and Pass the It. In Keep the It, the goal is to hold "it" for longer than the other racers in order to win. Pass the It is the same basic idea in reverse; least amount of time with "it" wins.

While the new game modes will help keep Forza 5 feeling relevant during the holiday season, it's the in-game economy changes that have most players excited. A large and vocal group of fans and critics felt the economy of the game was poorly designed, especially with the removal of car rewards. When you gain a driver level now, you are no longer rewarded with shiny new metal like in Forza 4, you're just given credits. This led to scenarios where players found it difficult to get new cars.

As such, the new update will see the cost of cars adjusted and the amount of credits that are gained increased. Driver level payouts have more than doubled, and Turn 10 is claiming that the average player will see about a 60 percent jump in earnings over an hour of play.

As for the price of cars, the total cost of purchasing every car in the game has been cut by a whopping 45 percent. Some cars have had their price decreased more dramatically than others, but Turn 10 offers the Ferrari 250 GTO as an example. The car is currently 6 million credits, but it will only cost 2 million after the update goes live.

Turn 10 hopes this new change will open up the amount of cars that players have access to without reducing the thrill and satisfaction of obtaining more expensive rides.

The update is currently awaiting approval from Microsoft and will likely be released early next week.